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The Power Of Integration: Delivering Stellar Business Performance

The Financial module is the backbone of momentohs® wherein financial data from related modules is transmitted seamlessly and automatically into the respective accounts of the General Ledger. It generates multiple user defined reports other than the standard profit & loss statement, balance sheet and budgets. User can create customised reports and define financial statements using report design.

It is truly enterprise-wide with ERP-like design providing the most complete solution today exceeding current industry standard software. The Financial module automates the internal accounting process and serves as an auditing tool offering storage of data from the Front Office and Food & Beverage modules. An option exists for offline or online data posting to the Financial module from other modules. The Financial module computes transaction data and prepares reports and journals providing the finance department with an efficient tool to manage Profit & Loss, Balance Sheet and Actuals against budgets.

User defined hierarchy of on-line approvals based on value or organisational tree is built-in to simplify the approval process and minimise the circulation of forms or documents throughout the business process.

The Financial module provides the complete set of integrated tools needed to master your organisation's financial data and processes, taking full advantage of the data in your financial system. With instant access to accurate and curret financial information, you will be well-equipped to make educated operational and strategic decisions for business success.

momentohs® Financial

General Ledger

  • Construction of Chart of Accounts based on a hierarchical concept
  • Creation of Recurring Journal Vouchers
  • Posting to closed periods and future periods
  • Importing Front Office module transactions for specific dates to update the General Ledger
  • Importing Food & Beverage module transactions for specific date to update the General Ledger
  • Accounting distribution
  • Maintaining Trial Balance, Profit and Loss and Balance Sheets
  • Customised financial statements
  • Cash flow and financia l transaction analysis statements
  • Two different values of budget maintained for same financial year
  • Drill down to specific details or view of the source entry
  • Batch Processing for un-posted data

Accounts Payable/Receivable

  • Coordination between the Front Office and Food & Beverage modules
  • Assignment of AR credit limits according to AR credit availability
  • Maintenance of AR/Supplier profiles by AR/Supplier Groups
  • Completion of AR settlements by invoice co-relation
  • Completion of part payments against outstanding invoices from suppliers
  • Advance payments against suppliers
  • Generation of Debit and Credit Notes for both AR and suppliers
  • Automatic documentation of the numbering of transactions
  • Creation of Outstanding Balance Reports for Receivable and Payable
  • Creation of Ageing Analyses for Receivable and Payable
  • Bills transfer from one AR/supplier to another AR/supplier

                

Cash/Bank

  • Bank Reconciliation Receivable for Cheque and Credit cards
  • Bank Reconciliation Payable
  • Bank Reconciliation Report
  • Post-dated Cheque Report
  • Cash balances for different currencies
  • Cheque format design

Inquiry

  • A systematic lookup or information of Accounting Process
  • Account v/s Budget Inquiry
  • Cash flow inquiry
  • Top Customer and Supplier Inquiry
  • Operational dashboard
  • Graphical dashboard
  • Single or bulk cheque printing

Reports

  • All the reports available in Single/Multi property scenario
  • Daily Transactions
  • General Ledger Transactions
  • Account Opening Balances
  • Budget Profile
  • Trial Balance, Profit & Loss and Balance Sheet
  • Transaction Analysis Reports
  • Analysis Profit & Loss
  • Working Capital
  • Cash Forecast Report
  • Customised Reports
  • Debtors/Creditors Opening Balances
  • Customer/Supplier Ledgers
  • Debtors/Creditors Aging Analysis
  • Customer/Supplier Outstanding Statements
  • Bank Reconciliation
  • Cash balance with different currencies
  • Cash and bank transactions

                

Administration Tools & Security

  • Multi-level Security Management
  • Audit Trail
  • Creation of Users and Groups
  • User Programme Setup
  • Granting Access rights to User Groups at the function level

Report Architect

  • End user can develop new report with Crystal Report Writer and attach to other momentohs® modules
  • Screen/Report Painter for formatting vouchers/documents
  • momentohs® Report Designer for the customisation of native reports

Functions

General Ledger, Accounts Payable, Account Receivable, JV Templates, Distribution Account Template, Transfer of Payments/Receipts/Invoice of Vendors, Cashbook, Bankbook, Bank Reconciliation, Multi-Currency, Back Office Invoicing, Accounting Periods, Audit Trail, Year-end Processing, Reports, Admin Tools and Security and Interface to PMS.

 

 
For five to seven star chain properties, it encompasses the entire spectrum of a hotel’s operations at property level and Head Office central MIS.
For medium size properties from 50-250 rooms, which require reduced functionality at a lower price and yet manage its operations efficiently.
For small to medium size resort or city boutique hotels with less than 50 room, it provides better features than off the shelf software at a competitive price and yet scale up to sprint when required.
For fine dining and table service restaurants, it is a fully integrated solution with POS, Financial, Cost control and Guest Experience.
 
 
 
 
 
SevenSeas Computers LLC